MLS® listing
2261 Lake Shore Boulevard 120: common element condo for sale
$819,000
From the listing brokerage
Marina Del Ray offers an exceptional waterfront residence with stunning views of the Humber River, Lake Ontario and Toronto's skyline all on 11 acres of manicured grounds. Nestled in one of Toronto's most sought-after waterfront communities, Marina Del Ray offers an exceptional lifestyle where nature, recreation and urban convenience come together perfectly. Bordering the yacht club and surrounded by waterfront trails and parks, this remarkable location combines the tranquility of lakeside living with the convenience of downtown Toronto, vibrant restaurants, cafes and major commuter routes just minutes away. This bright and spacious suite features a large principal bedroom, and a spacious den, easily converted to a second bedroom. The unit includes two bathrooms. Filled with natural light, this floor plan offers generous living spaces. Stunning renovated kitchen includes top of the line Fisher Paykel appliances and quartz counters. Automatic Blinds on upper windows offer tremendous flexibility. But the cherry on top is the spacious terrace allowing fabulous outdoor living all year long. BarBQ and entertain in complete privacy on your own terrace offering direct access from the exterior parking area. Residents enjoy exclusive access to the Malibu Club, a truly impressive recreation centre offering spectacular amenities including a state of the art fitness centre, indoor pool, whirlpool, sauna, Pilates studio, squash and basketball courts, two tennis courts, private theatre, billiards rooms, library, party room, and outdoor BBQ areas. This unit offers a truly exceptional waterfront lifestyle and one of Toronto's most coveted addresses. Definitely not to be missed.
Facts on the listing
| Square feet | 900-999 |
|---|---|
| Approximate age | 31-50 |
| Style | 2-Storey |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $982 |
| Property tax | $3,078 |
| Tax year | 2026 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | Heat Included, Common Elements Included, Hydro Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included, CAC Included |
| Building amenities | BBQs Allowed, Club House, Concierge, Indoor Pool, Recreation Room, Visitor Parking |
| Balcony | Terrace |
| Laundry | In-Suite Laundry |
| Parking | Underground |
| Interior features | Carpet Free |
| Features | Cul de Sac/Dead End, Greenbelt/Conservation, Marina, Park, Public Transit, Rec./Commun.Centre |
| Floor | 1 |
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS® W14145508.
About this common element condo
2261 Lake Shore Boulevard 120 is a 2 bedroom common element condo in TRREB's Mimico community in Toronto, listed for sale at $819,000. The listing shows 2 bathrooms and 900-999 square feet. The style is given as 2-storey. The unit faces south. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Parklawn & Lakeshore. The age is listed as 31-50 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: bbqs allowed, club house, concierge, indoor pool, recreation room and visitor parking.
What it costs to buy 2261 Lake Shore Boulevard 120
At the asking price of $819,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $819,000 |
|---|---|
| Ontario land transfer tax | $12,855 |
| Toronto municipal land transfer tax | $12,855 |
| Both taxes | $25,710 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $56,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $982 a month |
|---|---|
| Property tax (2026) | $3,078 a year, about $257 a month |
| Fee and tax together | about $1,238 a month |
The listing says the maintenance fee includes heat, common elements, hydro, building insurance, water, parking, cable tv and cac. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Mimico
A lakeside Etobicoke neighbourhood where condo apartments make up most sales, beside streets of detached houses and townhouses. From April to June 2026 the median sale across all property types was $671,000 (TRREB).
Transit: Mimico GO station (Lakeshore West line) at 315 Royal York Road. The 501 Queen streetcar along Lake Shore Boulevard West, with the 507 Long Branch and 508 Lake Shore streetcars at limited times
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $671,000 | 169 sales, average $804,199 |
| Detached | About $1,250,000 | 31 sales, average about $1,237,000 |
| Freehold townhouse (TRREB att/row/townhouse) | About $1,200,000 | 9 sales, average about $1,212,000 |
| Condo townhouse | About $1,027,000 | 5 sales, average about $982,000 |
| Condo apartment | About $609,000 | 124 sales, average about $659,000 |
| Semi-detached | No sales reported | 0 sales |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Mimico
Is Mimico a good place to live?
That depends on the home you need and how you travel. Mimico is mainly condo apartments by sales, with a median condo apartment sale of about $609,000 from April to June 2026 (TRREB). It has a GO station on the Lakeshore West line, the 501 Queen streetcar on Lake Shore Boulevard West and a string of City parks on the water.
How much does a house cost in Mimico?
From April to June 2026 TRREB recorded 31 detached sales in Mimico with a median of about $1,250,000. The 9 freehold townhouse sales had a median of about $1,200,000. TRREB recorded no semi-detached sales in the quarter.
Is there a GO station in Mimico?
Yes. Mimico GO station is at 315 Royal York Road on the Lakeshore West line. Trains toward Union station stop at Exhibition GO and then Union, so Union is 2 stops away (GO Transit).
Is Mimico on the subway?
No. The nearest rapid transit inside the area is Mimico GO. The 501 Queen streetcar runs along Lake Shore Boulevard West between Humber Loop and Long Branch Loop on the TTC map. The 507 Long Branch and 508 Lake Shore streetcars also run there at limited times.
Is Mimico a heritage conservation district?
No. The City of Toronto's list of heritage conservation districts does not include a district in Mimico. Individual properties can still be designated, so check the exact address with the City.
Read the Mimico neighbourhood guide · All Mimico homes for sale
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Questions about 2261 Lake Shore Boulevard 120
How much is land transfer tax on 2261 Lake Shore Boulevard 120?
At the asking price of $819,000 the Ontario tax is $12,855 and the Toronto tax is $12,855, $25,710 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 2261 Lake Shore Boulevard 120?
$56,900 at the asking price of $819,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 2261 Lake Shore Boulevard 120?
The listing shows $982 a month, including heat, common elements, hydro, building insurance, water, parking, cable tv and cac. Check the current fee in the status certificate.
How much is the property tax on 2261 Lake Shore Boulevard 120?
The listing shows $3,078 a year for 2026, about $257 a month.
How do I book a showing for 2261 Lake Shore Boulevard 120?
Use the form on this page or call us. Quote MLS® W14145508. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 2261 Lake Shore Boulevard 120 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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